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On September 1 2 , Jody Jansen went to Sunshine Bank to borrow $ 2 , 9 0 0 at 8 % interest. Jody plans

On September 12, Jody Jansen went to Sunshine Bank to borrow $2,900 at 8% interest. Jody plans to repay the loan on January 27.
Assume the loan is on ordinary interest. (Use Days in a year table)
a. What interest will Jody owe on January 27?
Note: Do not round intermediate calculations. Round your answer to the nearest cent.
85.00
b. What is the total amount Jody must repay at maturity?
Note: Do not round intermediate calculations. Round your answer to the nearest cent.
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